02 Dec, 2016
Michael Coady steps down as MD of deVere United Kingdom
It has been announced today that Michael Coady has decided to step down as Managing Director of deVere United Kingdom, deVere Mortgages and as Chairman of UK Workplace Solutions; the three deVere Group brands in the UK.
He resigns with immediate effect and his successor will be announced in due course.
Mr Coady, who has an accomplished a 15-year career in international financial services, joined deVere 12 years ago, working in the Gulf region, before becoming the Head of Western Europe, and most recently leading the Group’s expansion in the UK.
Peter Hobbs, deVere Group Chairman, says: “Mike Coady has made an extraordinary contribution to the deVere Group during his 12-year service, and the Board is grateful to him for the tremendous effort he has made during his time with the organisation. We thank him for his leadership, commitment and focus over the years and in wishing him all the best for the future.”
The Group will shortly be announcing Mr Coady’s successor. In making that appointment, the Board will, of course, be consciously ensuring continuity in management, further enhancing corporate governance and maintaining the laser-like focus on delivering for its clients.
For his part, Mr Coady comments: “It has been a privilege to work within deVere, lead some of its key divisions, and to serve its clients in several roles. What we have accomplished over the last 12 years has been achieved because of the dedication and passion we shared. deVere faces an exciting, confident future in a competitive and dynamic sector. I will be confirming my next career steps in the near future.”